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NPOWER with a 17% hike in prices - Here we go

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  • MoneyMiser
    MoneyMiser Posts: 571 Forumite
    Hi All,

    Please be aware that people who recently switched to nPowers Sign Online 8 tariff will not be effected by these price hikes. The same goes if your on Sign Online 9.

    12.7% increase on electricity prices and 17.2% on gas prices. That is a massive jump and will effect people on the Standard, pre-payment, economy 7, SOL 4, 5, 6, 7 tariffs.

    I wonder who will be next, I would bet my house that British Gas is next!!!

    MM
  • nickmack
    nickmack Posts: 4,435 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    MoneyMiser wrote: »
    I wonder who will be next, I would bet my house that British Gas is next!!!

    One of my colleagues called British Gas earlier and was told they have suspended all price fix tariffs, so it could well be!
  • Teterow
    Teterow Posts: 242 Forumite
    The price fix 2008 is still on the Swalec website!
    Challenges:
    3 NSD per week
  • Teterow
    Teterow Posts: 242 Forumite
    Really confused still. I had a look at energyhelpline and simply switch. One is suggestion to switch to Spark Energy and save £130 a year. This would be great, but how good are they?

    Also, I am having to gestimate consumption at the moment, cause I actually only moved into my flat in Nov and haven't had a bill yet.

    Well, I have just applied online for the Price Fix 2008 deal. Will need to wait and see what happens now.
    S
    Challenges:
    3 NSD per week
  • Come on Brown sort them out!!

    Oh yeah like Mc Brown will lower the price on anything
  • keith_lard
    keith_lard Posts: 517 Forumite
    I have no doubt NPower will cut the price of Gas (again) in the summer , when poeple need it the leaste, and others will follow, and Npower will see record profits (again) just like the rest!

    k.
    If you want to see a rainbow, you have to get used to the rain.
  • when do the new charges start?
  • magyar
    magyar Posts: 18,909 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    keith_lard wrote: »
    I have no doubt NPower will cut the price of Gas (again) in the summer , when poeple need it the leaste, and others will follow, and Npower will see record profits (again) just like the rest!

    k.

    I'll bet my pension that they won't. Looking at current wholesale prices, we're not in for any cuts until maybe 2011.
    Says James, in my opinion, there's nothing in this world
    Beats a '52 Vincent and a red headed girl
  • mary43
    mary43 Posts: 5,845 Forumite
    OH heard it on the news and was beside himself, switching off lights and getting almost paranoid about it. Listening to Martin Lewis on Radio 2 at lunchtime he was saying not to switch..........at least not let.

    I'm confused by it all...........does this increase at the moment only apply to new or online customers ? We've been with npower (elec. & gas)for a while now so how will this affect us exactly. All the different tariffs are mind boggling.
    Mary

    I'm creative -you can't expect me to be neat too !
    (Good Enough Member No.48)
  • ali-t
    ali-t Posts: 3,815 Forumite
    I switched at the start of the week feeling all smug about saving myself 20% but now it looks like it will be cancelled out with the raises. bitter twisted negative side of me says GRRR, damn those money grabbing gits but the happy positive side says - maybe I won't be worse off as the 20% saved will equate to the increase. my sense of timing is abysmal. lol
    If you always do what you have always done, you will always get what you always got!
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